925 Atlantic Avenue

Atlantic City, NJ 08401

$1,500,000
Price
Beds
18,000 Sq. Ft.
$83 / Sq. Ft.
18,000
Sq. Ft.
$83
per Sq. Ft.

Description

Approved Green Zone! 1 Block to new Indoor Island Waterpark! Massive building with limitless potential, Super LOW Taxes! Located in the CBD zone, in the very heart of the city! Just one block to the Hardrock, Steel Pier, Ocean Casino, Resorsts, Margaritaville, and Showboat Casinos, and just 2 blocks to the worlds most famous beach and boardwalk! Close to Tanger Outlets, Gardners Basin, Borgate, Harrahs, Golden Nugget, Little Water Distillery, Back Bay Alehouse, The Seed Brewery, & Farley Marina....Approved Green Zone! 1 Block to new Indoor Island Waterpark! Massive building with limitless potential, Super LOW Taxes! Located in the CBD zone, in the very heart of the city! Just one block to the Hardrock, Steel Pier, Ocean Casino, Resorsts, Margaritaville, and Showboat Casinos, and just 2 blocks to the worlds most famous beach and boardwalk! Close to Tanger Outlets, Gardners Basin, Borgate, Harrahs, Golden Nugget, Little Water Distillery, Back Bay Alehouse, The Seed Brewery, & Farley Marina. Building features two commercial spaces each of which are over 3000 square feet, over 6000 sqft combined. The top two floors are framed up to fit 8 three bedrooms and 4 one bedroom residential units. All the heavy lifting has been done, the property has been fully gutted done to the brickwork, all asbestos removed, the building is structurally sound, all new windows throughout, all new flooring joists, all floors are level, and all framed up for 12 residential units. Pro-forma and floor plans are available upon request. Purchase this property with your Crypto Currency! Showings can be on Thursday afternoons only. Buy now with a few Bitcoins!
  1. Listed by GERARD (Jerry) BARKER • WEICHERT REALTORS ASBURY GROUP-AC

Property Details for 925 Atlantic Avenue

City/Community
Atlantic City
Class
MULTI-FAMILY
Parking - Exterior
Parking Pad, Three or More Cars
Waterfront (Y/N)
No
Zoned
CBD
LISTING UPDATED: 09/25/2024 11:48 AM

Property Details for 925 Atlantic Avenue

StatusActive
MLS #583429
Days on Market228
Taxes$2,595 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / 11 - 20 Units
Year Built-
Lot Size45.00 AC / 1,960,200 SF
CountyAtlantic County

Building Information for 925 Atlantic Avenue

Stories-Residences14Year Built-Building Size-Lot Size45.00 AC / 1,960,200 SF

Property Information for 925 Atlantic Avenue

Summary
Location and General Information
  • Address: 925 Atlantic Ave
  • Address 2: 927
  • Address Number: 925
  • Address Search Number: 925
  • Address Street: Atlantic
  • Area: Atlantic City
  • County: Atlantic
  • Directions: Near the corner of Atlantic and Virginia, 1 block to casinos, 2 blocks to beach and boardwalk
  • Fips Code: 34001
  • Location: Boardwalk Area
  • State: NJ
  • Street Designation: Ave
  • Zip: 08401
Owner
  • Owner: LLC
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 03-22-2024
  • Tax Year: 2024
  • Taxes: 2595
Property
Lot Information
  • Approved Short Sale?: N/A
  • Approx SQFT: 18000
  • Block #: 301
  • Lot #: 64
  • Lot Dimensions: 45X138
Property and Assessments
  • Associated Document Count: 1
  • Doc Timestamp: 03-22-2024
  • Estate Y/N: No
  • Total Assessment: 75200
  • Water: Public
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Driveway: Concrete
  • Outside Features: Curbs, Sidewalks
  • Siding/Exterior: Brick
Interior Features
  • Heating: See Remarks
Multi Family
Multi-Family Information
  • # of 1 Bedroom Units: 4
  • # of 3 Bedroom Units: 8
  • Annual Taxes: 2680
  • Conforming (Y/N): Yes
  • Limited Service (Y/N): No
  • Number Of Units: 14
  • Owner Occupied (Y/N): No
  • Separate Meters: Electric, Gas

Property History for 925 Atlantic Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 925 Atlantic Avenue

Taxable ValueLand$39,000Additions$36,200Total$75,200
Tax Record2023$2,681 ($223 / month)
Home Facts
Total Finished SqFt15,036 SqFtAbove Grade Finished SqFt15,036 SqFtStories3Lot Size6,233 SqFtStyleMiscellaneous CommercialYear Built1920ZoningCBDCountyATLANTICAPN02 00301-0000-00064

Schools near 925 Atlantic Avenue

This home is within Atlantic City Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Pennsylvania Ave School
PublicPK to 8

Atlantic City High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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925 Atlantic Avenue is a multi-family home for sale in Atlantic City, NJ 08401. This property was listed for sale on March 22, 2024 by WEICHERT REALTORS ASBURY GROUP-AC, it's currently listed at $1,500,000. This listing's school district is Atlantic City Public School District. Nearby schools include Pennsylvania Ave School and Atlantic City High School. 925 Atlantic Avenue is a 0-bed, 0-bath, 18,000 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of WEICHERT REALTORS ASBURY GROUP-AC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.